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Hargreaves Lansdown says investor confidence is low as trading volumes fall

'Investor confidence has been low with cost-of-living issues, rising interest rates and market volatility impacting deal volumes' the leading platform says

New business flows have been 'moderated' across the market
New business flows have been 'moderated' across the market Photo: Igor Golovniov/Getty Images

Hargreaves Lansdown saw share dealing volumes fall 11% in the latest quarter, as the investment platform says cost-of-living issues, rising interest rates and market volatility are all weighing on confidence.

Average monthly dealing volumes at the FTSE 100-listed platform came in at 685,000 for the three months to 30 June, down from 770,000 in the previous quarter and 779,000 in the same quarter last year.

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